MAHABANK · NSE
Bank of Maharashtra
₹83.54
+3.39% (+₹2.74)
Prev. close
₹80.8
Volume
1,80,30,197
Delivery %
61.7%
As of
18 Sept 2026
Price history
Nagaraj Shetti · HDFC Securities · 27 Aug 2026
“Bullish on Bank of Maharashtra, recommending a buy at ₹85.55 with a target of ₹92.50 and a stop loss at ₹81.50, for a 1-2 week timeframe. This call follows a sustainable breakout after consolidation, supported by bullish higher tops and bottoms patterns and expanding volumes.”
Entry ₹85.55Target ₹92.5 (+8.1%)Stop ₹81.5 (-4.7%)R:R 1.7:1Stopped out · 02 Sept 2026
Published mid-session at 11:46 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Bank of Maharashtra, recommending a buy at ₹85.55 with a target of ₹92.50 and a stop loss at ₹81.50, for a 1-…” | Nagaraj ShettiHDFC Securities | Bank of Maharashtra | NOT GRADED | ||||
“Bullish on Bank of Maharashtra, recommending a buy at ₹85.55 with a target of ₹92.50 and a stop loss at ₹81.50, for a 1-2 week timeframe. This call follows a sustainable breakout after consolidation, supported by bullish higher tops and bottoms patterns and expanding volumes.” This call couldn't be objectively graded against market data. | |||||||
Fundamentals
About Bank of Maharashtra
Bank of Maharashtra provides various banking products and services in India. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company accepts savings, current, term, and recurring deposits, as well as provides capital gain account schemes. It also offers housing loans, vehicle and car loans, topup loans, education loans, gold loans, personal loans, salary gain schemes, green financing schemes, rooftop solar panel loans, and adhaar loans, as well as loans against properties and deposits; working capital, term, project, infrastructure, export, and bill financing services; lines of credit; commercial lease rental services; accounts takeover services; non-fund based services; micro, small, and medium enterprise loans; and agriculture loans and other services. In addition, the company provides digital banking and lending services, and government schemes; debit and credit cards; documentary credits and collections, import and export financing, guarantees, travel related forex, non-resident Indian services, capital account transactions, remittance schemes, and risk management services; and remittance facilities, as well as hedge exchange risk. Bank of Maharashtra was incorporated in 1935 and is headquartered in Pune, India.
Details
Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. Nidhu Saxena
Headquarters
Pune
Employees
15,596
Website
bankofmaharashtra.bank.inExchange
View on NSE ↗Key stats
Market cap
₹63,801.45 Cr
P/E ratio (TTM)
8.4
Dividend yield
2.74%
EPS (TTM)
₹9.87
Beta (1Y · daily vs NIFTY 50)
1.50
Beta (5Y · monthly vs NIFTY 50)
1.29
Shares float
203.09 Cr
EPS · quarter ended Jun 2026
₹2.63
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹15,672.17 Cr | ₹10,235.62 Cr | ₹11,988.24 Cr | ₹13,759.25 Cr | ₹15,801.91 Cr | |
| ₹571.00 Cr | ₹1,153.43 Cr | ₹2,602.79 Cr | ₹4,071.78 Cr | ₹5,541.78 Cr | ₹7,016.86 Cr | |
| Diluted EPS | — | ₹1.73 | ₹3.87 | ₹5.8 | ₹7.48 | ₹9.12 |
Revenue, Employee benefit expense, Depreciation & amortisation, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1.97 L Cr | ₹2.31 L Cr | ₹2.68 L Cr | ₹3.07 L Cr | ₹3.69 L Cr | ₹4.27 L Cr | |
| Total debt | — | — | ₹10,265.66 Cr | ₹7,718.86 Cr | ₹23,852.52 Cr | ₹35,233.58 Cr |
| Stockholders' equity | ₹12,308.29 Cr | ₹14,061.87 Cr | ₹15,790.23 Cr | ₹19,870.62 Cr | ₹28,707.98 Cr | ₹33,224.63 Cr |
Cash & equivalents, Total debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2,447.00 Cr | ₹6,896.00 Cr | ₹-1,440.00 Cr | ₹11,581.00 Cr | ₹7,628.00 Cr | ₹-11,336.00 Cr | |
| Investing cash flow | — | ₹-300.19 Cr | ₹-175.07 Cr | ₹-259.55 Cr | ₹-494.94 Cr | ₹-506.16 Cr |
| ₹217.00 Cr | ₹378.00 Cr | ₹228.00 Cr | ₹461.00 Cr | ₹4,750.00 Cr | ₹-2,607.00 Cr | |
| Capital expenditure | ₹-192.00 Cr | ₹-309.00 Cr | ₹-324.00 Cr | ₹-279.00 Cr | ₹-519.00 Cr | ₹-422.00 Cr |
| End cash position | — | — | ₹18,528.95 Cr | ₹30,311.70 Cr | ₹42,194.91 Cr | ₹27,745.60 Cr |
Depreciation & amortization, Change in working capital, Investing cash flow, Debt issued, Dividends paid, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Mar 23(7Q) | Jun 23–Sep 24(7Q) | Oct 24–Sep 25(5Q) | Dec 25–Jun 26(4Q) |
|---|---|---|---|---|
| Promoter | 90.97% | 86.46% | 79.60% | 73.60% |
| Public | 9.03% | 13.54% | 20.40% | 26.40% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| Bank of Maharashtra | ₹62,478.50 Cr | ₹84.2 | 8.3 | 1.88 | 21.1% | 1.06 | +14.8% | +53.7% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 26
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
35 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.